With growing competition from non-OPEC producers, the group may need to reassess its production strategy to avoid further ...

Crude oil closed at the lowest settlement price this year, fueled by near-term supply concerns and expectations that OPEC+ will postpone returning barrels to the market in April as planned.

Brazil’s government on Tuesday approved joining OPEC+, a group of major oil-exporting nations, signaling the country’s ...

Trump cannot command US oil to "drill baby, drill" as they will act in their own self interest. Likely, US oil will verbally ...

The group includes the 12 members of OPEC, the longstanding group set up to coordinate oil production to stabilize markets, plus 10 more significant oil-producing nations with Russia by far the ...

Brazil’s government on Tuesday approved joining OPEC+, a group of major oil-exporting nations, signaling the country’s ...

Flows of crude oil through a pipeline from the semi-autonomous Kurdistan region in northern Iraq to Turkey could restart soon ...

The Organisation of the Petroleum Exporting Countries has expressed optimism that the Dangote Petroleum Refinery can lower petrol prices in Nigeria. This is even as the refinery is asking the ...

comprising OPEC and a dozen non-OPEC producers led by Russia, is mulling over postponing the gradual increase in oil supply. The alliance is considering pushing back the start of the easing of the ...

OPEC+ producers are not considering delaying a series of monthly oil supply increases that is scheduled to begin in April, ...

The oil market is becoming increasingly numb to the array of changes that Donald Trump is trying to make now that he’s US President again.

1 Barrel ≈ 158,98 Liters Oil (WTI) Price Per 1 Liter 0.46 USD 1 Barrel = 42 Gallons Oil (WTI) Price Per 1 Gallon 1.73 USD 1 Barrel ≈ 0,136 Tonnes of Crude Oil Oil (WTI) Price Per 1 Ton 534.49 ...